MTN Group is working with advisers at JPMorgan on the planned separation of its financial technology business, people with knowledge of the matter said.
Browsing: Fintech
RCS, the consumer finance arm of French banking group BNP Paribas, has acquired South African online credit provider Mobicred.
The South African Reserve Bank and its counterparts in Australia, Malaysia and Singapore have developed an experimental platform for settling multiple central bank digital currencies.
A unit of Naspers has invested in Lucky to help the Egyptian fintech start-up expand in North Africa and the Middle East.
African Rainbow Capital is switching to investing in digital banks and financial start-ups, while shunning mining stocks, saying the boom in commodity prices maybe overdone.
Promoted | Huawei Mobile Services has partnered with Ozow to bring an easy, seamless and secure payment method to Huawei device users.
African mobility fintech Moove has raised a further $105-million in a “series A2” round aimed at taking its business global.
Fintech company Yoco has acquired software development agency Nona Digital for an undisclosed sum.
Net1 has been given the regulatory go-ahead for its acquisition of South African fintech company Connect Group in a deal worth R3.7-billion.
Digital bank TymeBank is expanding into the medical insurance space, with a plan to offer South Africans access to private healthcare starting at R139/month.